BC Government Provides Guidance on LOTA Interpretation
The BC Government (“Government”) recently provided updated guidance for interpreting the Land Owner Transparency Act, SBC 2019, c. 23 (“Act”), which came into force on ... Continued
Recent Additional School Tax Decision has Implications for B.C.’s Development Firms and Landowners
A recent decision by British Columbia’s Property Assessment Appeal Board (the “Board”) on the application of the additional school tax (the “AST”) may have implications ... Continued
The Duty of Good Faith in Commercial Tenancy Disputes
The recent decision of ARC Digital Canada Corp. v. Amacon Alaska Development Partnership, 2021 BCSC 1612 (“ARC Digital”) demonstrates that the doctrine of good faith ... Continued
Updates from the RTB: Rent Increase Framework & Ending a Tenancy for Renovations
On June 30, 2021, the Residential Tenancy Branch (the “RTB”) announced the introduction of the Additional Rent Increase (the “ARI”). Effective July 1, 2021, residential ... Continued
Letters of Credit and Guarantees as Security for Lease Obligations – the Cummer-Yonge Issue May Still Be Open to Debate
An article[1] recently appeared in the Banking & Finance Law Review that reminds us of the vulnerability of a letter of credit or guarantee (or ... Continued